Attorneys Andy Fowler and Jeff Watson discuss how a self directed IRA can purchase and invest in promissory notes.... ( read more )
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Can you invest in promissory notes with your self-directed IRA? Investing for retirement is a critical aspect of financial planning, and individuals have diverse options to grow their funds. One such option gaining popularity is the self-directed Individual retirement account (IRA). Unlike traditional IRAs, which restrict investments to stocks, bonds, and mutual funds, self-directed IRAs grant investors greater control by enabling them to invest in a broader range of assets, such as real estate, precious metals, and even promissory notes. Promissory notes, also known as loan agreements or IOUs, are a commonly overlooked investment opportunity. They represent a legally binding agr...
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